🚀 Arthur Hayes Family Office Awards Grant To Bitcoin Developer
#ArthurHayes #BitcoinDeveloper #Maelstrom #BitcoinCore #Grant #BTC
According to Odaily, Arthur Hayes' family office, Maelstrom, has announced the first grant from its Bitcoin Developer Program. The recipient, Rkrux, will receive funding to work full-time on Bitcoin Core. The specific amount of the grant has not been disclosed.#ArthurHayes #BitcoinDeveloper #Maelstrom #BitcoinCore #Grant #BTC
🚀 Bitcoin Developer Criticizes Google's Removal of Mailing List
#Bitcoin #BitcoinDeveloper #Google #MailingList #OpenSource #JackDorsey #SundarPichai #BlockBeats #BTC
According to BlockBeats, Bitcoin developer Ruben Somsen reported that the BitcoinDev mailing list was permanently removed by Google. Somsen stated that, to his knowledge, no inappropriate content had been posted.
He later updated that more information had been received but was mistakenly categorized as spam. Somsen expressed frustration, questioning why open-source development was deemed 'unwanted content' by Google, and indicated the need to migrate the mailing list.
Block CEO Jack Dorsey has shown support for Somsen by sharing his tweet and questioning Google's CEO Sundar Pichai about the decision.#Bitcoin #BitcoinDeveloper #Google #MailingList #OpenSource #JackDorsey #SundarPichai #BlockBeats #BTC
🚀 Exploring Quantum-Resistant Solutions for Bitcoin Blockchain
#QuantumResistance #BitcoinBlockchain #PostQuantum #HashBasedSignatures #QuantumSecurity #Cryptanalysis #NIST #DigitalSignatures #QuantumComputing #BlockchainUpgrade #Cryptography #BitcoinDeveloper #BTC
According to PANews, Blockstream researchers Mikhail Kudinov and Jonas Nick have examined various methods to upgrade the Bitcoin blockchain for quantum resistance in a revised paper published on December 5. They propose hash-based signatures as an attractive post-quantum solution due to their security relying solely on hash function assumptions, similar to Bitcoin's foundational design. Kudinov shared his findings with the Bitcoin developer mailing list, noting that these schemes have undergone extensive cryptanalysis during the National Institute of Standards and Technology's (NIST) post-quantum standardization process, boosting confidence in their robustness.
Hash-based signatures depend on hash functions, which are considered quantum-resistant mathematical algorithms. Unlike Bitcoin's public key encryption, quantum algorithms struggle to break hash functions. By simply increasing the output size, hash functions can counteract brute-force searches by quantum computers, ensuring the security of applications like digital signatures. However, the implementation of hash-based signatures remains under discussion. Decisions are needed on issues such as maintaining low verification costs, standardizing various hash-based signature implementations, and whether the entire network's historical record is necessary for transaction verification.#QuantumResistance #BitcoinBlockchain #PostQuantum #HashBasedSignatures #QuantumSecurity #Cryptanalysis #NIST #DigitalSignatures #QuantumComputing #BlockchainUpgrade #Cryptography #BitcoinDeveloper #BTC
🚀 Bitcoin Developer Adam Back Addresses Quantum Computing Concerns
#Bitcoin #AdamBack #QuantumComputing #BitcoinDeveloper #Liquid #Layer2 #SignatureFormats #ErrorCorrection #QuantumHardware #BitalkNews #Panic #TechnicalRealities #BTC
Bitcoin developer Adam Back has dismissed fears of a quantum computing crisis, asserting that humanity has at least a decade to prepare. According to Bitalk News, Back emphasized that current quantum hardware is still in its infancy, lacking error correction capabilities, and has only achieved basic calculations such as elementary-level factorization. He noted that Google's recent paper merely improved algorithms without any hardware breakthroughs.
Back reassured that Bitcoin has ample time to adapt, with Liquid serving as a Layer 2 testing ground that has historically been adopted by the Bitcoin main chain after new signature formats were introduced. He argued that genuine solutions are already in progress, and that media-driven panic is more about selling headlines than reflecting technical realities.#Bitcoin #AdamBack #QuantumComputing #BitcoinDeveloper #Liquid #Layer2 #SignatureFormats #ErrorCorrection #QuantumHardware #BitalkNews #Panic #TechnicalRealities #BTC